Executive Summary. DEVELOPMENT DETAILS Benefit Investments Pte Ltd (a subsidiary of Allgreen Developer ESTIMATED MAINTENANCE FEES PROJECT CONSULTANTS

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Nicholas Hawkins
5 years ago
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2 Executive Summary DEVELOPMENT DETAILS Benefit Investments Pte Ltd (a subsidiary of Allgreen Developer : Properties Ltd) Proposed New Erection of 12-Blocks of 18-Storey Condominium Housing Development (Total: 920 units) Description : Comprising of Basement Carpark, Communal Facilities and Swimming Pool and Clubhouse on Lot 9557A MK 22 at Upper Serangoon Crescent 2, 4, 6, 8, 10, 12, 14, 16, 18, 20, 22, 24 Upper Serangoon Location : Crescent Tenure : 99 years wef 7 Dec 2011 Site Area : Approx. 24,620.5 sqm / Approx. 265,015 sqft Total No. of Units : lots Basement parking lots: 422 lots No. of Carpark Lots : 1st storey parking lots: 508 lots (inclusive of 10 handicap lots) Expected TOP : 30 September 2017 Expected Date of : Legal Completion 30 September 2020 OCBC LTD for Project Account No.: of Project Account : Benefit Investments Pte Ltd - Project Account Project Account No.: Bank & Swift Code: OCBCSGSG For Telegraphic : Address: OCBC Ltd, 65 Chulia Street OCBC Centre Transfer S(049513) Message: Block / Unit No / Name of Purchaser Architect Landscape Consultant ESTIMATED MAINTENANCE FEES Showflat Interior Designer Main Contractor Solicitor : Approx. $41 per share value Type No. of Bedroom Approx. Fees A 1-Bedroom $205 B 2-Bedroom $246 C 3-Bedroom $246 - $287 D 4-Bedroom $287 PH Penthouses $287 - $410 PROJECT CONSULTANTS : Design Link Architects Pte Ltd : COEN Design International Pte Ltd : Suying Metropolitan Studio Pte Ltd : Tiong Aik Construction Pte Ltd Rodyk & Davidson 80 Raffles Place, #32-00, UOB Plaza 1, S(048624) Attn: Ms. Melanie Lim

3 Unit mix Units Type Approx. Area (sqft) Total No. of Units Percentage 1-Bedroom A1, A % 2-Bedroom B1, B2, B3, B4, B % 2+Study B1s, B2s % 3-Bedroom C1, C2, C3, C4 1,033-1, % 3+ Study C1s 1, % 4-Bedroom D1 1, % Penthouses PH 1,431-2, % %

4 Location map Riversound Residence Austville Residences (EC) Heron Bay (EC) Boathouse Residences

5 SITE MAP ARTIST IMPRESSION

6 SCHEMATIC CHART BLK 2, 4, 6 ARTIST IMPRESSION

7 SCHEMATIC CHART BLK 8, 10, 12

8 SCHEMATIC CHART BLK 14, 16, 18

9 SCHEMATIC CHART BLK 20, 22, 24

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26 THE CLUBHOUSE ARTIST IMPRESSION Artist s Impression

27 DROP-OFF Artist s Impression ARTIST IMPRESSION

28 GARDEN SPA ARTIST IMPRESSION Artist s Impression

29 INTERACTIVE POOL Artist s Impression ARTIST IMPRESSION

30 WATERPLAY Artist s Impression DRAFT COPY ONLY

31 KIDS POOL Artist s Impression While every reasonable care has been taken in preparing the contents of this property summary, the developer and Knight Frank agent cannot be held responsible for any Artist s inaccuracy Impression.

32 KINETIC POOL Artist s Impression

33 LAP POOL Artist s Impression

34 ROOFTOP GARDEN Artist s Impression

Unique Selling Points Riverfront lifestyle in close proximity to Sungei Serangoon, Punggol Park and Punggol Waterway Park. Easily accessible via Upper Serangoon Road and Buangkok Drive, TPE and KPE.

35 Unique Selling Points Riverfront lifestyle in close proximity to Sungei Serangoon, Punggol Park and Punggol Waterway Park. Easily accessible via Upper Serangoon Road and Buangkok Drive, TPE and KPE. Well-Connected to Kangkar and Ranggung LRT and Buangkok and Hougang MRT Stations. Host of educational institutions such as Holy Innocent s Primary School, Mee Toh School, Nan Chiau Primary and High School Within easy reach of nearby amenities such as Hougang Mall, Compass Point, Rivervale Plaza and Rivervale Mall. Good rental and investment potential: mins to Ang Mo Kio Industrial Parks and new industrial areas such as Seletar Aerospace Park and water fabrication industry in Sengkang West and Paya Lebar Industrial Park Established track record of developer

36 IMPROVED CONNECTIVITY

37 A MAGNET FOR BUSINESS

38 A MAGNET FOR BUSINESS

39 THE NEAR FUTURE

40 NEARBY SCHOOLS

41 LIVE NEXT TO CONVENIENCES

42 SHOPPING AMENITIES

Rich in biodiversity, the wetland serves to cleanse the water in the reservoir.

43 SENGKANG FLOATING WETLAND The Sengkang Floating Wetland in Punggol Reservoir is a floating structure half the size of a football field - the first of this scale to be built in Singapore. Rich in biodiversity, the wetland serves to cleanse the water in the reservoir. And there are plans to set up a water sports activities centre at Sengkang West so that residents can participate in canoeing and dragon boating.

The park is home to a unique water feature, a constructed wetland that collects and filters rainwater naturally through its aquatic

44 SENGKANG RIVERSIDE PARK Sengkang Riverside Park is located at Anchorvale Street and is situated alongside Sungei Punggol. Consisting of three open-space land parcels, the park is designed to provide a tranquil experience to visitors. The park is home to a unique water feature, a constructed wetland that collects and filters rainwater naturally through its aquatic plants. The wetland also doubles as a wildlife habitat. The constructed wetland attracts many mangrove birds into the park such as purple heron, collared kingfisher and little tern.

1) Bring out the heritage of the town, its colourful history and interesting places 2)

45 COLOURS OF HOUGANG A plan to bring out the vibrancy of Hougang. It will consist of 4 key approaches. 1) Bring out the heritage of the town, its colourful history and interesting places 2) Outdoor playground that will serve as recreational space by the waters 3) New and exciting developments for the town centre 4) Housing and upgrading programes to revitalise the homes

reservoir. A 4.2-kilometre long, 20-30-metre wide man-made waterway will run through the estate, linking both rivers.

46 SHAPING MY PUNGGOL A new vision for Punggol New Town, the "Punggol 21-plus" plan to revitalise the town. Under the new plan, Sungei Punggol and Sungei Serangoon, which flank the town, will be dammed up to create a freshwater lake and serve as a reservoir. A 4.2-kilometre long, metre wide man-made waterway will run through the estate, linking both rivers. There will be recreational facilities like water sports for kayaking and canoeing, gardens and parks with jogging and cycling tracks, rooftop gardens, eateries for al-fresco dining and a floating island.

47 PUNGGOL PARK Developed with the theme "Family Leisure" in mind, Punggol Park has many facilities to cater to the young and old in the family. There are the play and fitness equipment for active recreation, open lawn areas for picnics or kite flying, a wooded area for leisurely strolls, a plaza area for tai chi, and a community corner for relaxing. Barbecue pits are also available for all to have barbecue parties for celebrations, gatherings, etc. There is a restaurant called Wild Oats Bar for dining. Watersports activities including dragon-boating, kayaking, wakeboarding, remote control sailboat, power boating and boating can be enjoyed by the youths.

PUNGGOL PROMENADE Situated on the western bank of the Serangoon Reservoir, the 4.9 km-long scenic waterfront walkway connects the activity clusters in Punggol Point and Punggol East.

Designed to complement the growing sports and recreation cluster to be developed along Punggol East, the Riverside Walk is envisioned as a lively and family-friendly promenade.

48 PUNGGOL PROMENADE Situated on the western bank of the Serangoon Reservoir, the 4.9 km-long scenic waterfront walkway connects the activity clusters in Punggol Point and Punggol East. The promenade will provide seamless public access to the entire Punggol waterfront. Designed to complement the growing sports and recreation cluster to be developed along Punggol East, the Riverside Walk is envisioned as a lively and family-friendly promenade. Key features include: 3-metre wide riverfront pedestrian footpath along the river embankment which provides panoramic views of the Sungei Serangoon dedicated 3 metre-wide bicycle trail, perfect for cycling and rollerblading buffs fitness corner with plenty of exercise stations to cater for sports enthusiasts three specially designed moats or look out points, excellent spots for shutterbugs to capture breathtaking sunrise or sunset shots.

PUNGGOL POINT PARK Punggol Point Walk The once popular seafood haunt beside Punggol Jetty has transformed into an idyllic waterfront destination with

Soak in the laidback atmosphere here and take in panoramic views of Pulau Ubin and the Straits of Johor on an elevated, ship-inspired viewing deck.

49 PUNGGOL POINT PARK Punggol Point Walk The once popular seafood haunt beside Punggol Jetty has transformed into an idyllic waterfront destination with beautiful lily ponds, a sand-filled playground and an event plaza. Soak in the laidback atmosphere here and take in panoramic views of Pulau Ubin and the Straits of Johor on an elevated, ship-inspired viewing deck. While much of the Punggol Point coastline used to be inaccessible, today s Punggol Point Walk allows you to enjoy the greenery and biodiversity flourishing along the coast. Southwards towards Punggol East, you can take pleasure in the sights of Sungei Serangoon.

LORONG HALUS WETLAND Formerly a landfill site, Lorong Halus Wetland has been transformed under PUB's Active, Beautiful, Clean Waters (ABC Waters)

Here, you can learn about a unique water treatment system where plants are part of the water treatment process.

50 LORONG HALUS WETLAND Formerly a landfill site, Lorong Halus Wetland has been transformed under PUB's Active, Beautiful, Clean Waters (ABC Waters) Programme into a venue for recreation and community bonding to bring us closer to water. Here, you can learn about a unique water treatment system where plants are part of the water treatment process. The size of 18 football fields, the wetland will also develop into a natural habitat for wildlife as the ecosystem matures. The wetland creates a new haven for biodiversity that provides opportunities for recreation, research, and education.

51 SELETAR AEROSPACE PARK To reinforce its position as a major hub for aerospace, Singapore is developing the Seletar Aerospace Park. The park spans 320-hectare of purpose-built land and infrastructure, including the Seletar Airport. 160 hectares of land is dedicated for the use of aerospace industry, and the remaining is occupied by the airport. Seletar Aerospace Park boasts of an upgraded airport designed to support business and general aviation activities, including a 1,836-metre runway, aircraft parking areas and engine run-up bays. An instrument landing system will be installed by 2014.

SELETAR AEROSPACE PARK The integrated aerospace park is set to host a wide range of activities including Maintenance, Repair and Overhaul (MRO) of aircrafts and

Companies situating themselves at the Seletar Aerospace Park stand to benefit from the economies of scale and increased efficiency.

52 SELETAR AEROSPACE PARK The integrated aerospace park is set to host a wide range of activities including Maintenance, Repair and Overhaul (MRO) of aircrafts and components; manufacturing and assembly of aircraft engines and components; business and general aviation; training and research & development. Companies situating themselves at the Seletar Aerospace Park stand to benefit from the economies of scale and increased efficiency. The park s shared infrastructure, close proximity of suppliers, customers and partners within a tightly-knit aerospace business community will also give a significant boost for new industry collaborations.

53 SURROUNDING COMPARABLES Quantum PSF Project Name Unit Mix Size Range (sqft) Min Max Min Max Avg 1 Bedroom 624 $ 565,320 $ 660,240 $ 906 $ 1,058 $ 967 Total Avg BOATHOUSE RESIDENCES Source: REALIS 1 Bedroom + Study 710 $ 654,360 $ 708,960 $ 921 $ 998 $ Bedroom Compact 732 $ 691,390 $ 802,200 $ 945 $ 1,096 $ 1,001 2 Bedroom 840 $ 742,020 $ 826,560 $ 884 $ 984 $ Bedroom + Study 915 $ 791,280 $ 930,720 $ 865 $ 1,017 $ Bedroom Compact 893-1,012 $ 752,810 $ 950,880 $ 811 $ 964 $ Bedroom 1,055-1,119 $ 893,910 $ 1,064,280 $ 807 $ 951 $ Bedroom Dual-Key 1,238 $ 1,021,440 $ 1,122,240 $ 825 $ 907 $ Bedroom 1,464 $ 1,224,116 $ 1,349,880 $ 836 $ 922 $ 874 Penthouse 1,561-1,862 $ 1,445,030 $ 1,662,490 $ 833 $ 926 $ 876 $904 Transactions till July 2012

54 SURROUNDING COMPARABLES Development Unit Mix Size Range (sqft) Quantum PSF Min Max Min Max Avg Total Avg 1 Bedroom 452 $ 448,500 $ 517,000 $ 992 $ 1,144 $ 1,075 2 Bedroom 753 $ 655,200 $ 775,390 $ 870 $ 1,029 $ Bedroom 904-1,066 $ 750,000 $ 1,000,000 $ 800 $ 941 $ 883 RIVERSOUND RESIDENCE 3 Bedroom Dual-Key 1,184 $ 990,000 $ 1,060,000 $ 836 $ 895 $ Bedroom 1,163-1,367 $ 900,000 $ 1,257,700 $ 774 $ 920 $ 849 $832 4 Bedroom Dual-Key 1,421 $ 1,116,400 $ 1,218,900 $ 786 $ 858 $ Bedroom Penthouse 1,927-2,400 $ 1,291,000 $ 1,448,000 $ 606 $ 672 $ 644 Source: REALIS 4 Bedroom Penthouse 2,508-2,734 $ 1,365,000 $ 1,776,880 $ 596 $ 669 $ 643 Transactions till July 2012

55 Surrounding resale Project Name District Tenure Completion Total Units Average PSF RIO VISTA years $805 EVERGREEN PARK years $723 PARK GREEN years $712 THE RIVERVALE years $712 THE FLORIDA years $674 Source: REALIS for transactions from July 2011 to July 2012

BUANGKOK SELLS OVER 70% OF LAUNCHED UNITS OVER THE WEEKEND PREVIEW

News Release 3 June 2013 JEWEL @ BUANGKOK SELLS OVER 70% OF LAUNCHED UNITS OVER THE WEEKEND PREVIEW City Developments Limited s (CDL) latest residential project, the 616-unit Jewel @ Buangkok, debuted